TripActions' first CFO reflects on his stint as Snowflake's first CFO - Business Insider

simply click here to claim your deal and get access to all exclusive Business Insider PRIME content.

"The Snowflake that I joined under Bob's leadership was more similar to TripActions today from a cultural perspective," he told Business Insider. "I should have spent more time on that at prior companies, on the importance of company culture."Thomas Tuchscherer jumped from one hot tech startup to another this year, taking on the critical CFO role at two prominent unicorns.

The opportunity to join TripActions came in the wake of the big changes at his former company. Tuchscherer changed jobs when Snowflake, another hypergrowth startup also valued at around $4 billion, changed CEOs in May. It was a sudden, even jolting, transition that led to his exit, but one that highlighted for Tuchscherer the importance of culture in startups — particularly those that are growing really fast.

"A lot of friends were telling me that you know, financially, probably would have been able to made more sense for me to stay at Snowflake in a different role," he said. But "I was recruited at Snowflake as the CFO and to potentially take the company public and and if that was no longer an option then I was not interested in that role."He did stay at Snowflake for a few months to help in the transition.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Enjoy complimentary access to Business Insider Prime - Sign up today with no obligationsWe saw a lot in 2019, including Amazon's tax scandal, WeWork's downfall and Bloomberg's toxic culture to name a few. Read all the details with free access to Business Insider Prime (BIPrime) for a limited time. BIPrime BIPrime You are great
Source: BusinessInsider - 🏆 729. / 51 Read more »

I don't have a debit card and I'm convinced I don't need one - Business InsiderI find using a credit card instead of a debit card is safer, more convenient, and helps me earn rewards I wouldn't otherwise earn.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Google acquired Typhoon Studios but won't say if first game is for Stadia - Business InsiderGoogle bought a game development studio that has only 1 game known to be in production and Google isn't saying whether it will be available on Stadia
Source: BusinessInsider - 🏆 729. / 51 Read more »

How a 'finfluencer' with 18,000+ Instagram followers runs her business - Business InsiderA 30-year-old 'finfluencer' with over 18,000 Instagram followers explains how she went from $50,000 in debt to running her own personal finance business
Source: BusinessInsider - 🏆 729. / 51 Read more »

UBS Investment Bank COO talks about change in project management - Business InsiderHere's why UBS is deploying 200 'hybrid pods' to tackle tech projects across its investment bank — and what the change means for product managers Herkes rahatça kullanabilsin diye kolaylığı teknolojiyle birleştiren Mobil Şube Ziraat’te. Ziraat Bankası teknolojide de bir bankadan daha fazlası. Detaylı bilgi için: ZiraatBankası BirBankadanDahaFazlası DijitalinKolayıZiraatte
Source: BusinessInsider - 🏆 729. / 51 Read more »